JOHNSON JOHNSON MEDICAL LIMITED
Company Information
- Company Number
- SC132162
- Registered Address
- Baird House, 4, Lower Gilmore Bank, Edinburgh, Scotland, EH3 9QP
- Status
- Active
- Employee Count
- 1,141
- Turnover
- £561,949,000
- EBITDA
- £34,165,000
Additional Details
- Website
- https://acuvue.co.uk/
- Company Type
- Private limited Company
- Incorporated On
- 31 May 1991
- Nature of Business
- 32500 - Manufacture of medical and dental instruments and supplies
- Industries
- Life Sciences And Medical Technology
- Region
- Scotland
Time to Pay
Payment Timeline
Payment Features
Payment Score History
Company Review
Trend Analysis
From 2018 to 2023, the average time taken for JOHNSON & JOHNSON MEDICAL LIMITED to pay invoices has increased from 33 days to 45 days. However, there was a decrease in 2022 where the average time decreased to 47 days before increasing again in 2023.
Volatility Analysis
The most volatile period for JOHNSON & JOHNSON MEDICAL LIMITED was in 2021 where there was a significant increase in the percentage of invoices paid later than 60 days and not paid within agreed terms. This was also the period with the highest average time taken to pay invoices.
Summary Analysis
Between 2018 and 2020, there was a slight increase in the percentage of invoices paid within 30 days and a slight decrease in the percentage of invoices paid between 31 and 60 days. However, in 2021 there was a significant decrease in the percentage of invoices paid within 30 days and an increase in the percentage of invoices paid between 31 and 60 days. This trend continued in 2022 and 2023.
Performance Reports History
| Reporting Period | Filing Date | Average Time to Pay (days) | Paid within 30 days | Paid 31-60 days | Paid after 60 days | Not Paid within Terms |
|---|---|---|---|---|---|---|
| 01 Jan 2025 - 30 Jun 2025 | 30 Jul 2025 | 46 | 25% | 57% | 18% | 17% |
| 01 Jan 2024 - 30 Jun 2024 | 25 Jul 2024 | 49 | 26% | 53% | 21% | 13% |
| 01 Jul 2023 - 31 Dec 2023 | 24 Jan 2024 | 45 | 26% | 59% | 16% | 10% |
| 01 Jan 2023 - 30 Jun 2023 | 18 Jul 2023 | 46 | 21% | 55% | 24% | 6% |
| 01 Jul 2022 - 31 Dec 2022 | 31 Jan 2023 | 50 | 23% | 57% | 20% | 9% |
| 01 Jan 2022 - 30 Jun 2022 | 20 Jul 2022 | 47 | 25% | 54% | 21% | 3% |
| 01 Jul 2021 - 31 Dec 2021 | 25 Jan 2022 | 45 | 28% | 59% | 14% | 11% |
| 01 Jan 2021 - 30 Jun 2021 | 12 Jan 2022 | 48 | 18% | 71% | 11% | 9% |
| 01 Jul 2020 - 31 Dec 2020 | 12 Jan 2022 | 44 | 17% | 77% | 6% | 11% |
| 01 Jan 2020 - 30 Jun 2020 | 11 Aug 2020 | 40 | 28% | 67% | 5% | 15% |
| 01 Jul 2019 - 31 Dec 2019 | 23 Jan 2020 | 38 | 38% | 57% | 5% | 19% |
| 01 Jan 2019 - 30 Jun 2019 | 31 Jul 2019 | 33 | 48% | 48% | 4% | 23% |
| 01 Jul 2018 - 31 Dec 2018 | 29 Jan 2019 | 34 | 53% | 42% | 5% | 27% |
| 01 Jan 2018 - 30 Jun 2018 | 18 Jul 2018 | 33 | 54% | 41% | 5% | 28% |
Payment Time Trends
Payment Distribution Trends
Invoice Payment Practices
This information is as reported by the business, and responses are in their own words.
Payment Terms
Standard payment terms
Standards payment terms are 45 days payable twice monthly for POs that are not governed by a contract, 60 days payable twice monthly for POs governed by a contract (*Contract means: a written agreement, where payment term and frequency is negotiated and expressly consent to by the Supplier) and 60 days payable daily for Small and Medium Enterprises (Small & Midsize Enterprises ("SME") are defined as companies with at least two of the following characteristics: 1. fewer than 250 employees, 2. maximum net turnover of €50m, 3. maximum asset value on the balance sheet of €43m). The payment terms in the UK are triggered by invoice receipt.
Were there any changes to the standard payment terms in the reporting period?
No
Any other information about payment terms
N/A
Maximum contractual payment period agreed
60
Dispute Resolution Process
Invoices in dispute or held for payment are managed via ERP system workflow with automated communication to the supplier providing details and advice about the reason for dispute. Global Services Accounts Payable team support dispute resolution and maintain on-time payment SLA's. Suppliers can contact J&J Customer Service for assistance and support with invoice or payment queries or view invoice payment status via the J&J online Supplier Portal.
Other Payment Information
Has this business signed up to a code of conduct or standards on payment practices?
For example, signatories to The Prompt Payment Code must commit to paying 95% of their invoices within 60 days.
❌
Does this business offer e-invoicing in relation to qualifying contracts?
This is where suppliers can electronically submit and track invoices. It's not just allowing suppliers to email them an invoice.
✅
Does this business offer supply chain finance?
This is where a supplier who has submitted an invoice can be paid by a third-party finance provider earlier than the agreed payment date. The business would then pay the finance provider the invoiced sum.
✅
Under its payment practices and policies, can this business deduct sums from payments under qualifying contracts as a charge for remaining on a supplier list?
❌
During the reporting period, did the business deduct sums from payments as a charge for remaining on a supplier list?
No information available
Company Summary
Johnson & Johnson Medical Limited is a leading medical devices company based in the United Kingdom. The company has a strong focus on sustainability and is committed to creating a healthier future for all. They offer a wide range of products and services in the healthcare industry, including surgical instruments, orthopaedic devices, wound care products, and more.
The company's sustainability program aims to reduce their environmental impact, support communities, and promote diversity and inclusion. They have set ambitious goals, such as achieving carbon neutrality by 2030 and using 100% renewable electricity in their facilities. They also have initiatives in place to improve access to healthcare for underserved communities and promote diversity within their workforce.
Key people in the company include Paul Swinney, the Managing Director, and Jennifer Taubert, the Executive Vice President and Worldwide Chairman of Pharmaceuticals. They have a team of dedicated professionals who are committed to delivering high-quality products and services.
For more information on Johnson & Johnson Medical Limited, their products, and sustainability efforts, you can visit their website at www.jnjmedicaldevices.com/uk/. Their registered office address is Johnson & Johnson Medical Limited, Foundation Park, Roxborough Way, Maidenhead, Berkshire, SL6 3UG, United Kingdom.
